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INVENTORIES:
 6 Months Ended
Jun. 30, 2017
INVENTORIES:  
INVENTORIES:

 

NOTE 3 - INVENTORIES:

 

Inventories were as follows:

 

(in millions)

 

At June 30,
2017

 

At December 31,
2016

 

Inventory, current:

 

 

 

 

 

Metals at average cost:

 

 

 

 

 

Finished goods

 

$
149.7

 

$
130.5

 

Work-in-process

 
159.0

 
231.6

 

Ore stockpiles on leach pads

 
313.3

 
310.9

 

Supplies at average cost:

 
353.4

 
337.4

 

 

 

 

 

 

 

Total current inventory

 

$
975.4

 

$
1,010.4

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Inventory, non-current:

 

 

 

 

 

Ore stockpiles on leach pads

 

$
890.3

 

$
806.9

 

 

 

 

 

 

 

 

 

 

During the six months ended June 30, 2017 and 2016 total leaching costs capitalized as non-current inventory of ore stockpiles on leach pads amounted to $248.8 million and $238.5 million, respectively. Leaching inventories recognized in cost of sales amounted to $163.1 million and $157.5 million for the six months ended June 30, 2017 and 2016, respectively.